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The City Council approved a budget amendment for the current fiscal year and adopted the FY 2027 operating budget with a certified tax rate of 0.001693, while revising Youth City Council funding to $6,500 and setting employee pay adjustments at a 3.5% COLA with up to 3% for merit increases.
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Residents will see the city’s new operating budget and tax rate take effect for the next fiscal year. The council also adjusted the current year budget and set a lower cap for the Youth City Council program than originally proposed. The new tax rate is lower than last year’s, although projected property tax revenue is still expected to rise slightly because of growth.
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